Aarti Pharmalabs Launches Second 100-Day Campaign 'Saksham Niveshak' for Unclaimed Dividends

2 min read     Updated on 04 Apr 2026, 05:09 PM
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AI Summary

Aarti Pharmalabs Limited has launched the Second 100-Day Campaign 'Saksham Niveshak' from April 01 to July 09, 2026, following IEPFA directive dated March 27, 2026. The campaign enables shareholders to claim unpaid dividends by updating KYC details including PAN, nomination, contact information, and bank account details with registrar MUFG Intime India Private Limited. Shareholders must submit documents by July 09, 2026, to prevent transfer of unclaimed dividends and shares to IEPF after seven consecutive years.

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Aarti Pharmalabs Limited has initiated the Second 100-Day Campaign 'Saksham Niveshak' following a directive from the Investor Education and Protection Fund Authority (IEPFA), Ministry of Corporate Affairs, dated March 27, 2026. The campaign, running from April 01 to July 09, 2026, aims to facilitate the settlement of unpaid and unclaimed dividends while creating awareness among shareholders.

Campaign Overview and Purpose

The aarti pharma labs initiative focuses on proactive shareholder engagement by updating essential records, expediting dividend processing, preventing unwarranted share transfers to the IEPFA, and facilitating direct settlement of claims by the company. The campaign serves as a crucial opportunity for shareholders to claim their outstanding dividends before these amounts are transferred to the Investor Education and Protection Fund.

Required Documentation and Process

Shareholders must update several key details to claim their unpaid dividends:

Required Updates: Details
PAN Details: Personal Account Number information
Nomination Details: Beneficiary nomination records
Contact Information: Postal address and mobile number
Bank Account Details: For electronic dividend payments
Specimen Signature: Updated signature records

Since dividends are payable only through electronic mode, amounts will be credited to shareholders' bank accounts only after the required information and documents are updated. Shareholders can download necessary documents from the designated portal provided by MUFG Intime India Private Limited.

Electronic and Physical Share Holdings

Shareholders holding shares in electronic form who have not claimed their dividends can do so by updating or modifying their details with their respective Depository Participants (DPs). The company will send letters and emails to applicable shareholders mentioning details about unpaid dividends along with the claiming process. Details of unclaimed and unpaid dividends have been uploaded on the company's website.

Important Deadlines and Consequences

Shareholders must submit their documents by July 09, 2026, to support the campaign's success. The company has emphasized that dividend amounts remaining unclaimed for seven consecutive years will result in the corresponding equity shares being transferred to the IEPF Authority in accordance with Ministry of Corporate Affairs notifications.

Support and Assistance

For shareholders requiring assistance during the campaign, the company has provided multiple contact channels:

Shareholders whose unclaimed dividends or shares have already been transferred to IEPF can submit the prescribed Form IEPF-5 online and send physical documents to the company or registrar as per the process outlined on the IEPF website. The campaign represents a significant opportunity for shareholders to regularize their holdings and claim outstanding benefits before the July deadline.

Historical Stock Returns for Aarti Pharma Labs

1 Day5 Days1 Month6 Months1 Year5 Years
+0.64%+1.68%-7.93%-21.63%-13.69%+125.41%

Will Aarti Pharmalabs extend the July 2026 deadline if shareholder response rates remain low during the campaign period?

How might the success of this second campaign influence IEPFA's future regulatory requirements for other pharmaceutical companies?

What impact could the potential transfer of unclaimed shares to IEPF have on Aarti Pharmalabs' shareholding pattern and market liquidity?

Aarti Pharmalabs Promoter Pledges 27.84 Lakh Shares Worth ₹177.90 Crore

2 min read     Updated on 04 Apr 2026, 10:31 AM
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AI Summary

Aarti Pharmalabs promoter Mr. Mirik Rajendra Gogri has pledged 27,84,094 shares representing 3.08% of the company's share capital to two financial institutions - Bajaj Financial Securities Limited and 360 One Distribution Services Limited. The pledge, created on March 25, 2026, secures a borrowing of ₹75 crore against shares valued at ₹177.90 crore, providing a security cover ratio of 2.37. The encumbered shares represent only 7% of his total promoter holding of 43.10%.

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Aarti pharma labs promoter Mr. Mirik Rajendra Gogri has disclosed the creation of a pledge on company shares under SEBI regulations. The disclosure, submitted on March 31, 2026, pertains to the pledging of shares for personal borrowing purposes under Regulation 31 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Pledge Details and Structure

The pledge involves 27,84,094 shares of Aarti Pharmalabs Limited, representing 3.08% of the company's total share capital. The encumbrance was created on March 25, 2026, in favor of two financial entities for third party pledge purposes.

Parameter: Details
Total Shares Pledged: 27,84,094
Percentage of Share Capital: 3.08%
Date of Pledge Creation: March 25, 2026
Type of Encumbrance: Pledge of Shares
Purpose: Personal Use

Beneficiary Entities and Distribution

The pledged shares have been distributed between two financial institutions. Bajaj Financial Securities Limited received the larger portion with 26,16,700 shares, while 360 One Distribution Services Limited received 1,67,394 shares.

Entity: Shares Pledged Percentage
Bajaj Financial Securities Limited: 26,16,700 2.89%
360 One Distribution Services Limited: 1,67,394 0.19%
Total: 27,84,094 3.08%

Financial Terms and Security Cover

The borrowing arrangement involves ₹75,00,00,000 against the pledged shares valued at ₹177,90,36,066 on the agreement date. This provides substantial security coverage for the lenders with a security cover ratio of 2.37.

Financial Metric: Amount
Value of Pledged Shares: ₹177,90,36,066
Borrowed Amount: ₹75,00,00,000
Security Cover Ratio: 2.37

Promoter Shareholding Context

As of December 31, 2025, Mr. Mirik Rajendra Gogri held 3,90,66,368 shares representing 43.10% of Aarti Pharmalabs Limited's total share capital. The current pledge represents 7% of his total promoter shareholding, which falls below the significant threshold levels requiring additional regulatory scrutiny.

Shareholding Parameter: Details
Total Promoter Holding: 3,90,66,368 shares (43.10%)
Encumbered as % of Promoter Holding: 7%
Above 50% of Promoter Holding: No
Above 20% of Total Share Capital: No

The disclosure confirms that both beneficiary entities are recognized financial institutions, and the encumbrance is not related to any debt instruments such as debentures or commercial papers. The pledge arrangement follows standard regulatory compliance requirements under SEBI regulations for substantial acquisition of shares and takeovers.

Historical Stock Returns for Aarti Pharma Labs

1 Day5 Days1 Month6 Months1 Year5 Years
+0.64%+1.68%-7.93%-21.63%-13.69%+125.41%

Will this significant personal borrowing by the promoter impact Aarti Pharmalabs' future capital allocation decisions or dividend policy?

How might the pledged shares affect the company's stock liquidity and trading patterns if margin calls occur during market volatility?

Could this pledge arrangement signal potential upcoming corporate actions or strategic initiatives requiring promoter funding?

More News on Aarti Pharma Labs

1 Year Returns:-13.69%